The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.7 percent, to 3,109.55, while the Shanghai Composite Index gained 0.9 percent, to 2,928.90 points.

The market has rebounded roughly 10 percent over the past month, propelled by a bounce in global markets, signs of yuan stabilisation and hopes that Beijing will unveil fresh economic stimulus during a meeting by China's legislature that starts March 5. (Reporting by Samuel Shen and Pete Sweeney; Editing by Jacqueline Wong)